New Jersey Energy Overview
New Jersey has one of the strongest clean energy incentive programs in the country, particularly for solar through the SREC-II program.
NJ SREC-II Program
Solar owners earn Solar Renewable Energy Certificates worth $90-$100+ each. A typical residential system generates 7-10 SRECs per year, adding $630-$1,000 in annual income on top of the 30% federal credit. See NJ solar rebates
PSE&G Programs
PSE&G serves most of NJ and offers rebates for smart thermostats, HVAC, insulation, and appliances. See Newark area programs
NJ Clean Energy Program
The statewide NJ Clean Energy program offers additional incentives for whole-house efficiency improvements and heat pump installations.